The company said Thursday that its April-June net profit was 134.9 billion yen ($1.2 billion), down 1 percent from 136.4 billion yen the same period the year before. Quarterly sales climbed 4 percent to 2.76 trillion yen ($24.8 billion).

In this role Kuehl, who joins Nissan from Volkswagen, will be responsible for both Nissan and Datsun brands and will head all operations in India including Marketing and Sales, Manufacturing and Research and Development.

The Alliance was created to accommodate new projects of mutual benefit to Renault and Nissan, and later on, projects with other partners worldwide. It is based on cross-shareholding and mutual self-interest in which the partners maximise synergies without impacting on brand identity.

Nissan Motor also appointed Peyman Kargar as Senior Vice President and Chairman, and Kalyana Sivagnanam as Regional Vice President, Marketing and Sales for its Africa, Middle East and India (AMI) region, informed the automaker in a statement.

It is mandatory for vehicles to have third party insurance while insurance for own damage is optional. In comprehensive insurance policies, which have both components, the share of third party insurance is barely 30%.

After two rather unsuccessful previous attempts at luring Indian markets with the Go and Go+, Datsun launched its Redi-GO at a price of Rs 2.39 lakh for the base model, among five different variants.
The small car is based on the same CMF-A platform as its Renault cousin, Kwid and has sold 18,566 units in totality.